Zhiji Motor Technology Co.,Ltd., a joint venture among SAIC Motor, Shanghai Zhangjiang Hi-Tech Development Co.,Ltd. (Zhangjiang Hi-Tech) and Alibaba Group, was formally registered on Dec. 25 in Pudong New Area in Shanghai, according to SAIC Motor.
Dec. 26 , 2020BYD is expected to launch a self-built SiC (Silicon Carbide) production line next year and the planning is underway, according to a local media outlet, quoting Yang Qinyang, director of BYD’s semiconductor product business.
Dec. 24 , 2020BAIC Group’s registered capital was up by 16.49% to 19.957 billion yuan ($3.05 billion), effective Dec. 23, 2020, according to the corporate data platform Tianyancha.
Dec. 24 , 2020NIO plans to launch its first sedan model at the forthcoming NIO Day to be held on Jan. 9, 2020, according to Qin Lihong, co-founder and president at NIO.
Dec. 23 , 2020Chinese EV startup Xpeng Motors recently set up a subsidiary in Shenzhen that primarily engages in the R&D and sale of intelligent robots.
Dec. 23 , 2020The retail sales of China’s locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach 2.315 million units in December, rising roughly 7.9% year on year, according to the China Passenger Car Association (CPCA).
Dec. 22 , 2020










